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Emerging Metals starts life on AIM

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Date: Tuesday 01 Jul 2008

LONDON (ShareCast) - Emerging Metals Limited, a mining company focused on minor metals and rare earth elements, started trading on AIM this morning.

The group said it will take advantage of an anticipated imbalance in the supply of, and demand for, Investment Minor Metals, which the directors believe will cause a rise in market prices for these metals.

“The market trend for Investment Minor Metals has been one of rising prices, driven by classic supply and demand economics,” said chief executive Mitch Alland.

“We believe that the minor metals market is only partially into its upward cycle and that the current upward trend in the minor metals sector could continue for a number of years as China - which has historically been the major supplier of a significant number of the Investment Minor Metals - struggles to meet global demand as it introduces a tighter strategic management policy of its resources," he added.

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